Page 6 - Owen Report August 2018
P. 6
Owen Report
The High-End CONDOMINIUM Market
Chicago's GOLD COAST / MICHIGAN AVENUE / RIVER NORTH Area
As of Friday, August 31, 2018
Monthly Statistics for Sales, $700k+ % +/- Since Last Month
Average Price: $1,828,825 -0.91%
Median Price: $1,210,000 +4.63%
Maximum Price: $6,293,311 +0.69%
Total Sales Volume: $98,756,567 +7.01%
Total Units Sold: +8.00%
Average Market Time of Units Sold: 54 -31.18%
Total Units Currently Active: 117 days +2.43%
Avg. Mkt. Time of Currently Active Units: -0.51%
506
195 days
Units Sold Median Price
One Year Trend One Year Trend
80 78 $1,500,000
70 $1,300,000
60 52 64 66 $1,100,000
50 42 54 54
40 $900,000
30 48 50 $700,000
20 41
10
31 27
24
Source: Midwest Real Estate Data (MRED / MLS)
